PRECorp returning member capital credits
December 19, 2019
In late December, the Powder River Energy capital credit retirement “refund” will be processed. This process returns a portion of the money members paid for electric usage during chosen years. Some Powder River Energy members will receive a credit on their bill or a check in the mail as a result.
All members are apprised of their cooperative capital credit allocation on their bill statements each August. The PRECorp Board of Directors reviews the financial condition of the cooperative and can approve a retirement of a portion of accrued capital credits, based on the financial well-bein...